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Massachusetts federal judge has dismissed the money laundering charges brought against Dr. Kingsley R. Chin in his former capacity as CEO of SpineFrontier Inc.
December 26, 2024
By: Rachel Klemovitch
A federal judge has dismissed the money laundering charges brought against Dr. Kingsley R. Chin in his former role as CEO of SpineFrontier Inc.
This decision follows the settlement of a related DOJ civil case, in which Dr. Chin and SpineFrontier Inc. have complied with timely scheduled payments so far that were required over a five-year contingency period.
Dr. Chin and his legal team successfully filed motions to dismiss the charges, which stemmed from consulting fees paid to spine surgeon key opinion leaders from 2012. All surgeon payments were disclosed annually to CMS as per the Physician Payment Sunshine Act, dispelling any charges of conspiracy to commit money laundering.
“The pressures of lawsuits are heavy,” Dr. Chin stated, “but pressure stimulates change and perseverance.”
Dr. Chin will continue his mission to drive innovation in spine surgery through his 4P’s philosophy: purpose, to produce patented products for patients worldwide.
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